Barry Callebaut and Hershey to expand supply agreement
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Barry Callebaut AG /
Barry Callebaut and Hershey to expand supply agreement
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* Barry Callebaut awarded additional volume, expanding the supply and
innovation agreement signed in 2007
Zurich/Switzerland, May 5, 2011 - Barry Callebaut, the world's leading
manufacturer of high-quality cocoa and chocolate products, and The Hershey
Company, North America's leading manufacturer of high-quality chocolate and
confectionary products, today announced that they have agreed to a long-term
increase in the volume of products supplied by Barry Callebaut, expanding the
supply and innovation agreement signed in 2007.
For this increase in volume, as well as other market share growth, Barry
Callebaut will have invested an incremental US$15.0 million in its North
American sites by December 31, 2011. New deliveries to Hershey will commence by
the first quarter of calendar year 2012.
***
Barry Callebaut (www.barry-callebaut.com):
With annual sales of about CHF 5.2 billion / EUR 3.6 billion / USD 4.9 billion
for fiscal year 2009/10, Zurich-based Barry Callebaut is the world's leading
manufacturer of high-quality cocoa and chocolate - from the cocoa bean to the
finest finished product. Barry Callebaut is present in 26 countries, operates
more than 40 production facilities and employs about 7,500 people. The company
serves the entire food industry, from food manufacturers to professional users
of chocolate (such as chocolatiers, pastry chefs or bakers), to global
retailers. Barry Callebaut is the global leader in cocoa and chocolate
innovations and provides a comprehensive range of services in the fields of
product development, processing, training and marketing. The company is actively
engaged in initiatives and projects that contribute to a more sustainable cocoa
supply chain.
***
Contacts
for investors and financial analysts: for the media:
Evelyn Nassar Joern Wagenbach
Head of Investor Relations Head Coprorate Communications & CSR
Barry Callebaut AG Barry Callebaut AG
Phone: +41 43 204 04 23 Phone: +41 43 204 04 60
evelyn_nassar(at)barry-callebaut.com joern_wagenbach(at)barry-callebaut.com
The complete news release can be downloaded from the following link:
--- End of Message ---
Barry Callebaut AG
P.O. Box Zurich
WKN: 914661;ISIN: CH0009002962;
Press Release (PDF):
http://hugin.info/100441/R/1512355/448108.pdf
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Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Barry Callebaut AG via Thomson Reuters ONE
[HUG#1512355]
Unternehmensinformation / Kurzprofil:
Datum: 05.05.2011 - 07:01 Uhr
Sprache: Deutsch
News-ID 54264
Anzahl Zeichen: 3571
contact information:
Town:
Zurich
Kategorie:
Business News
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